NOT LISTED FOR SALE

1500 S Camino Real Unit 305A Palm Springs, CA 92264

Estimated Value: $272,827 - $306,000

2 Beds
2 Baths
889 Sq Ft
$426/mo HOA Fee

Last Sold July 16, 2021

Last sale price $230,000 $259 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $2,261/month

29 Days on Market

Highlights

  • Unit is on the top floor
  • In Ground Pool
  • Panoramic View
  • Palm Springs High School Rated A-
  • Two Primary Bedrooms
  • Traditional Architecture

About This Home

As of July 2021

Top of the world feeling and very fine panoramic mountain views of our beloved San Jacinto Mountains serve as a spectacular backdrop to this top 3rd floor unit at the fabulous Biltmore III. Right in the heart of south Palm Springs. This gem in the rough is just waiting for you to add your sparkle. Nicely divided floorplan with two separated bedroom suites, dining room, living room, open galley kitchen with bar, attached pantry. Walk-in closet & large closet in bedrooms. Spacious covered tiled patio accessed through glass sliders. Secure locked building and grounds with elevator and stair access. Beautiful grounds with large pool and spa, BBQ and covered misted cabana area with restrooms. Ideal location and very close to all Palm Springs has to offer. Hurry and grab this one before it's gone.

Last Agent to Sell the Property

William Fennessey

HomeSmart License #01262531 Listed on: 05/27/2021

HomeSmart

Last Buyer's Agent

William Seals

Berkshire Hathaway HomeServices California Properties License #02036209

Berkshire Hathaway HomeServices California Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,555

Year Built

  • Built in 1974

Lot Details

  • East Facing Home
  • Fenced
  • Level Lot
  • Sprinkler System
  • Land Lease of $2,746 expires <<landLeaseExpirationDate>>

HOA Fees

  • $426 Monthly HOA Fees

Property Views

  • Panoramic
  • Mountain

Home Design

  • Traditional Architecture
  • Entry on the 3rd floor
  • Slab Foundation
  • Foam Roof
  • Stucco Exterior

Interior Spaces

  • 889 Sq Ft Home
  • Furnished
  • Popcorn or blown ceiling
  • Ceiling Fan
  • 3 Fireplaces
  • Drapes & Rods
  • Blinds
  • Sliding Doors
  • Living Room
  • Dining Room

Kitchen

  • Breakfast Area or Nook
  • Gas Range
  • Microwave
  • Dishwasher
  • Formica Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Double Master Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Secondary bathroom tub or shower combo

Parking

  • 1 Car Parking Space
  • Guest Parking
  • Assigned Parking

Pool

  • In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Ceramic Spa Tile
  • Gunite Spa
  • Fence Around Pool
  • Gunite Pool
  • Pool Tile

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Location

  • Unit is on the top floor
  • Ground Level

Schools

  • Cahuilla Elementary School
  • Palm Springs High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Property is located within a water district
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 508512038

Community Details

Overview

  • Association fees include building & grounds, water, trash, sewer, maintenance paid, insurance, gas
  • 102 Units
  • Biltmore Subdivision
  • On-Site Maintenance
  • Planned Unit Development

Amenities

  • Community Barbecue Grill
  • Laundry Facilities
  • Elevator

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Pet Restriction
  • Pet Size Limit

Security

  • Security Service
  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,555

Year Built

Built in 1974

Lot Details

0

HOA Fees

$426 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Property Attached/Detached: Yes
  • Property Orientation Faces: Front Door Faces East
  • Levels: Top
  • Builders Tract Code: 4441
  • Building Style: Traditional
  • Entry Floor: 3
  • Entry Location: Elevator, Main Level, Ground Level w/Steps, Ground Level - No Steps
  • Included In Sale: Sold furnished at no value.
  • List Price per Sq Ft: 258.72
  • Lp Sp Ratio: 1.0000
  • Unit Total In Complex: 102
  • View Type: Mountain(s), Panoramic
  • Water District Name: Desert Water Agency
  • Year Built: 1974
  • Co Selling Member Address: 435 North Palm Canyon, Palm Springs, CA 92262
  • Co Selling Office Address: 435 North Palm Canyon, Palm Springs, CA 92262
  • Co Selling Office Fax: (760) 322-9266
  • Listing I D: 219062728
  • Listing Member Address: 431 S Palm Canyon Dr, Palm Springs, CA 92262
  • Listing Office Address: 431 S Palm Canyon Dr, Palm Springs, CA 92262
  • Listing Office Fax: (760) 844-7550
  • Selling Office Address: 435 North Palm Canyon, Palm Springs, CA 92262
  • Selling Office Fax: (760) 322-9266
  • Street Direction: S
  • Land Type: Lease
  • New Construction: No
  • Subdivision: Biltmore
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Gas Range, Microwave Oven, Refrigerator, Disposal
  • Interior Amenities: Popcorn Ceilings
  • Flooring: Carpet, Laminate
  • Bedroom Features: 2 Master Bedrooms, Walk In Closet
  • Total Bedrooms: 2
  • Bathroom Features: Shower Over Tub
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Eating Areas: Breakfast Nook, Dining Area
  • Kitchen Features: Formica Counters, Pantry
  • Laundry: Community
  • Estimated Sq Ft: 889.00
  • Windows Treatments: Drapes, Blinds

Exterior Features

  • Construction: Stucco
  • Other Features: Balcony
  • Roofing: Foam
  • Foundation: Slab
  • Patio: Covered, Balcony
  • Pool: Yes
  • Pool Construction: Gunite, Tile, In Ground
  • Pool Description: Community, In Ground, Fenced
  • Pool Location: Community
  • Planned Unit Development: Yes
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: Gunite, Tile, In Ground
  • Spa Hot Tub Description: Community, Hot Tub, Heated - Gas
  • View: Yes

Garage/Parking

  • Parking: Assigned
  • Total Covered Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • TV Svcs: Cable TV
  • Cooling Type: Air Conditioning, Central Air, Ceiling Fan(s)
  • Heating: Central, Forced Air
  • Heating Fuel: Natural Gas
  • Security: Community
  • Sewer: In, Connected and Paid
  • Water: Water District

Association/Amenities

  • Association #1 Frequency: Monthly
  • Pet Rules: Assoc Pet Rules, Size Limit

Condo/Co-op/Association

  • Association Fees Include: Building & Grounds, Water, Trash, Sewer, Maintenance Paid, Insurance, Gas
  • Association Amenities: Barbecue, Elevator(s), Pet Rules, Maintenance Grounds, Guest Parking, Controlled Access
  • HOA Information: Yes
  • HOA Fee 1: 426.43
  • Total Monthly Association Fees: 426.00
  • Unit Location: Top Floor

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 508512038
  • Irrigation: Sprinkler System
  • Lot Description: Fenced, Street Paved, Sidewalks, Level
  • Lot Size: 1347.00

Rental Info

  • Furnished: Furnished
  • Land Lease Amt Annual: 2745.96
  • Land Lease Expiration Year: 2072
  • Land Lease Type: Lease
  • Rental Restrictions: Yes

Multi Family

  • Total Fireplaces: 3

MLS Schools

  • Elementary School: Cahuilla
  • High School: Palm Springs
  • School District: Palm Springs Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2021
Closed on
Jun 10, 2021
Sold by
Smith Daniel Lawrence
Bought by
Goro Alexey
Seller's Agent
William Fennessey
HomeSmart
Buyer's Agent
William Seals
Berkshire Hathaway HomeServices California Properties
List Price
$230,000
Sold Price
$230,000
Current Estimated Value
$290,207

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,207
Avg. Annual Appreciation
5.62%
Original Mortgage
$149,500
Outstanding Balance
$135,480
Interest Rate
2.96%
Estimated Equity
$154,727

Purchase Details

Closed on
May 20, 1997
Sold by
Banfield Peter E H and Banfield Gail Mc C
Bought by
Ba Properties Inc
Source: Public Records

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Goro Alexey -- Fidelity National Title Co
Dail Nathan A -- Fidelity National Title Co
Ba Properties Inc $23,100 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Goro Alexey $149,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/16/2021 07/16/21 Sold $230,000 0.0% $259 / Sq Ft
06/25/2021 06/25/21 Pending -- -- --
05/27/2021 05/27/21 For Sale $230,000 -- $259 / Sq Ft
Source: California Desert Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,555 $276,972 $94,446 $182,526
2023 $3,555 $266,220 $90,780 $175,440
2022 $3,624 $261,000 $89,000 $172,000
2021 $1,975 $140,468 $40,127 $100,341
2020 $1,894 $139,029 $39,716 $99,313
2019 $1,863 $136,304 $38,938 $97,366
2018 $1,831 $133,632 $38,175 $95,457
2017 $1,805 $131,013 $37,427 $93,586
2016 $1,757 $128,445 $36,694 $91,751
2015 $1,676 $126,518 $36,144 $90,374
2014 $1,540 $116,000 $52,000 $64,000
Source: Public Records

Agents Affiliated with this Home

  • William Fennessey

    Seller's Agent in 2021

    William Fennessey

    HomeSmart

    (877) 778-8548

    41 Total Sales

    William Fennessey
    Section Image

  • W

    Buyer's Agent in 2021

    William Seals

    Berkshire Hathaway HomeServices California Properties

    Section Image

  • W

    Buyer Co-Listing Agent in 2021

    Will Cook Group

    Keller Williams Luxury Homes

    Section Image
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Map

Source: California Desert Association of REALTORS®

MLS Number: 219062728

California Desert Association of REALTORS®

APN: 508-512-038

California Riverside County Palm Springs 92264

1500 S Camino Real Unit 305A, Palm Springs, CA

This home is located at 1500 S Camino Real Unit 305A, Palm Springs, CA 92264 since 27 May 2021 and is currently estimated at $290,207, approximately $326 per square foot. This property was built in 1974. 1500 S Camino Real Unit 305A is a home located in Riverside County with nearby schools including Cahuilla Elementary School, Raymond Cree Middle School, and Palm Springs High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Desert Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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